Ethics CBE Questions Practice With Correct
Answers 100% Verified
What three things are in the scope of PRPG - CORRECT ANSWER -A student studying for ATT
exams
A CTA employed by an LLP offering tax services
An ADIT affiliate of CIOT
What one thing are members advised in Chapter 1 of PRPG to observe when applying the rules
of guidance in practice - CORRECT ANSWER -The spirit, as much as the letter, of PRPG
How many of the 5 fundamental principles must a member of the CIOT or ATT comply with at all
times - CORRECT ANSWER -One
'A member must not obtain or seek professional work in any unprofessional manner' according
to which one of the 5 fundamental principles as given in PRPG - CORRECT ANSWER -Integrity
Manosi, a CTA, has been asked by a client to advice on stamp duty land tax. She has no
experience in stamp tax at all. Can manosi take the work - CORRECT ANSWER -Yes, provided she
obtains appropriate assistance from a suitably qualified practitioner
Confidential client information may be divulged by a member in which two circumstances -
CORRECT ANSWER -There is a professional duty to disclose it and there is a legal right to
disclose it
'A member must ... take due care in their professional conduct and professional dealings' -
CORRECT ANSWER -Professional behaviour
, PRPG states that a member must not 'perform their professional work ... imporperly,
ineficiently, negligently or incompletely to such an extent ... as to be likely to bring'. What word
describes the person and the tax profession - CORRECT ANSWER -Discredit
Which fundamental principle(s) would be breached if:
A CTA knowingly assists a client with money laundering activities
A CTA tells a friend to sell their X Plc shareholding based on information acquired during their
work on X Plc - CORRECT ANSWER -Integrity and confidentiality
According to PRPG, a member may be liable to pay damages for loss caused by their own
professional negligence and that of which entities - CORRECT ANSWER -Their employees
Their contractors
PRPG states that a member must respond to correspondance from the TDB 'without
unreasonale delay' when? - CORRECT ANSWER -Within 30 days
As a CTA and qualified accountant, when must he notify CIOT when action against him for
misconduct is filed - CORRECT ANSWER -Within 2 months of the hearing concluding, if charges
are upheld
A member of ATT must inform ATT promptly when ...? - CORRECT ANSWER -The member is
dismissed by their employer
How is pro bono work best defined - CORRECT ANSWER -Work carried out for no payment
The guidance on practice governance in PRPG recommends that members have in place a
business continuity place. This is in case of which two things - CORRECT ANSWER -A terrorist
incident
Answers 100% Verified
What three things are in the scope of PRPG - CORRECT ANSWER -A student studying for ATT
exams
A CTA employed by an LLP offering tax services
An ADIT affiliate of CIOT
What one thing are members advised in Chapter 1 of PRPG to observe when applying the rules
of guidance in practice - CORRECT ANSWER -The spirit, as much as the letter, of PRPG
How many of the 5 fundamental principles must a member of the CIOT or ATT comply with at all
times - CORRECT ANSWER -One
'A member must not obtain or seek professional work in any unprofessional manner' according
to which one of the 5 fundamental principles as given in PRPG - CORRECT ANSWER -Integrity
Manosi, a CTA, has been asked by a client to advice on stamp duty land tax. She has no
experience in stamp tax at all. Can manosi take the work - CORRECT ANSWER -Yes, provided she
obtains appropriate assistance from a suitably qualified practitioner
Confidential client information may be divulged by a member in which two circumstances -
CORRECT ANSWER -There is a professional duty to disclose it and there is a legal right to
disclose it
'A member must ... take due care in their professional conduct and professional dealings' -
CORRECT ANSWER -Professional behaviour
, PRPG states that a member must not 'perform their professional work ... imporperly,
ineficiently, negligently or incompletely to such an extent ... as to be likely to bring'. What word
describes the person and the tax profession - CORRECT ANSWER -Discredit
Which fundamental principle(s) would be breached if:
A CTA knowingly assists a client with money laundering activities
A CTA tells a friend to sell their X Plc shareholding based on information acquired during their
work on X Plc - CORRECT ANSWER -Integrity and confidentiality
According to PRPG, a member may be liable to pay damages for loss caused by their own
professional negligence and that of which entities - CORRECT ANSWER -Their employees
Their contractors
PRPG states that a member must respond to correspondance from the TDB 'without
unreasonale delay' when? - CORRECT ANSWER -Within 30 days
As a CTA and qualified accountant, when must he notify CIOT when action against him for
misconduct is filed - CORRECT ANSWER -Within 2 months of the hearing concluding, if charges
are upheld
A member of ATT must inform ATT promptly when ...? - CORRECT ANSWER -The member is
dismissed by their employer
How is pro bono work best defined - CORRECT ANSWER -Work carried out for no payment
The guidance on practice governance in PRPG recommends that members have in place a
business continuity place. This is in case of which two things - CORRECT ANSWER -A terrorist
incident
